DALLAS, Texas—CBRE foresees economic growth slowing in 2024, though a recession may be avoided and real estate transaction values will decline further, creating compelling buying opportunities, according to the company’s 2024 U.S. Real Estate Outlook. CBRE’s economists anticipate that resilient consumer spending will counter economic headwinds next year including high interest rates and near recessions in Europe and China. CBRE predicts the U.S. unemployment rate will rise slightly to 4.5 percent and an easing of […]

The post CBRE Releases 2024 U.S. Real Estate Outlook appeared first on LODGING Magazine.

This post was originally published on this site